PGIM S&P 500 Buffer 20 ETF – July (BATS:PBJL) Sees Significant Increase in Short Interest

PGIM S&P 500 Buffer 20 ETF – July (BATS:PBJL) saw a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 24,380 shares, an increase of 84.6% from the May 14th total of 13,208 shares. Approximately 5.5% of the company’s shares are sold short. Based on an average daily volume of 7,545 shares, the short-interest ratio is presently 3.2 days.

PGIM S&P 500 Buffer 20 ETF – July Stock Performance

PBJL opened at $31.20 on Monday. The firm’s fifty day moving average is $30.82 and its two-hundred day moving average is $30.25. PGIM S&P 500 Buffer 20 ETF – July has a twelve month low of $27.62 and a twelve month high of $32.15.

Institutional Investors Weigh In On PGIM S&P 500 Buffer 20 ETF – July

Large investors have recently made changes to their positions in the stock. Compass Advisory Group LLC increased its position in shares of PGIM S&P 500 Buffer 20 ETF – July by 31.2% during the fourth quarter. Compass Advisory Group LLC now owns 145,889 shares of the company’s stock worth $4,372,000 after acquiring an additional 34,689 shares in the last quarter. Centaurus Financial Inc. increased its position in shares of PGIM S&P 500 Buffer 20 ETF – July by 53.9% during the third quarter. Centaurus Financial Inc. now owns 70,210 shares of the company’s stock worth $2,065,000 after acquiring an additional 24,599 shares in the last quarter. Foguth Wealth Management LLC. bought a new stake in shares of PGIM S&P 500 Buffer 20 ETF – July during the fourth quarter worth $12,926,000. Advisory Services Network LLC bought a new stake in shares of PGIM S&P 500 Buffer 20 ETF – July during the third quarter worth $133,000. Finally, Royal Bank of Canada bought a new stake in shares of PGIM S&P 500 Buffer 20 ETF – July during the first quarter worth $1,762,000.

About PGIM S&P 500 Buffer 20 ETF – July

The PGIM S&P 500 Buffer 20 ETF – July (PBJL) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on the SPDR S&P 500 ETF Trust over a specific holdings period. The actively managed fund holds options and collateral. PBJL was launched on May 7, 2024 and is issued by PGIM.